Income-Producing Single family home/Duplex: Originally a single-family home, this property now features a fully finished basement apartment, creating a duplex setup in a Residential Medium Density (RM) zone.
Perfect For multi-generational living, Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other.
Property fully rented was generating $43,200 in annual gross income with room to increase rents. Bottom unit now vacant. Seller financing is being considered
Closed
$685,000
1647 NE Lotus Dr, Bend, OR 97701
4beds
2,496sqft
Duplex, Multi Family
Built in 1945
-- sqft lot
$683,100 Zestimate®
$274/sqft
$1,745 Estimated rent
Home value
$683,100
$642,000 - $731,000
$1,745/mo
Zestimate® history
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$3,993/mo
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List your homeWhat's special
Duplex setupFully finished basement apartment
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Mayfield Realty 541-548-1250
Bought with:
Coldwell Banker Mayfield Realty
Source: Oregon Datashare,MLS#: 220194748
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Oven, Range, Refrigerator, Water Heater
Features
- Breakfast Bar, Built-in Features, Laminate Counters, Shower/Tub Combo, Tile Shower
- Flooring: Laminate, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas, Great Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
Property
Parking
- Parking features: Alley Access, Attached, Gravel
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Courtyard
Lot
- Size: 6,534 sqft
- Features: Level
Details
- Parcel number: 204767
- Zoning description: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Bend
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2025 | Sold | $685,000$274/sqft |
Source:  Oregon Datashare #220194748 Report a problem | ||
| 6/19/2025 | Pending sale | $685,000$274/sqft |
Source: Oregon Datashare #220194748 Report a problem | ||
| 5/8/2025 | Price change | $685,000-2%$274/sqft |
Source: Oregon Datashare #220194748 Report a problem | ||
| 4/2/2025 | Price change | $699,000-4.9%$280/sqft |
Source: Oregon Datashare #220194748 Report a problem | ||
| 3/24/2025 | Price change | $735,000-2%$294/sqft |
Source: Oregon Datashare #220194748 Report a problem | ||
| 1/21/2025 | Listed for sale | $750,000+26.1%$300/sqft |
Source: Oregon Datashare #220194748 Report a problem | ||
| 10/22/2021 | Sold | $595,000-4.8%$238/sqft |
Source: Oregon Datashare #220132046 Report a problem | ||
| 9/28/2021 | Pending sale | $625,000$250/sqft |
Source: Oregon Datashare #220132046 Report a problem | ||
| 9/17/2021 | Listed for sale | $625,000+230.7%$250/sqft |
Source: Oregon Datashare #220132046 Report a problem | ||
| 2/2/2016 | Sold | $189,000$76/sqft |
Source: Oregon Datashare #201506084 Report a problem | ||
| 10/29/2015 | Pending sale | $189,000$76/sqft |
Source: Allison James Estates & Homes #15021346 Report a problem | ||
| 7/10/2015 | Price change | $189,000-5.5%$76/sqft |
Source: Allison James Estates & Homes #201506084 Report a problem | ||
| 6/19/2015 | Listed for sale | $199,900+8.1%$80/sqft |
Source: Allison James Estates & Homes #201506084 Report a problem | ||
| 6/28/2009 | Listing removed | $184,900$74/sqft |
Source: Michael Nichols #2813124 Report a problem | ||
| 4/8/2009 | Listed for sale | $184,900$74/sqft |
Source: Michael Nichols #2813124 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,476 +20.4% | $205,700 +19.3% |
| 2024 | $2,886 +7.9% | $172,390 +6.1% |
| 2023 | $2,676 +4% | $162,500 |
| 2022 | $2,574 +2.9% | $162,500 +6.1% |
| 2021 | $2,500 | $153,180 |
| 2020 | -- | $153,180 +6.1% |
| 2019 | $2,306 | $144,390 |
| 2018 | $2,306 +2.9% | $144,390 +3% |
| 2017 | $2,241 +8% | $140,190 +3% |
| 2016 | $2,074 | $136,110 +3% |
| 2015 | $2,074 +2.8% | $132,150 +3% |
| 2014 | $2,017 | $128,310 +8.7% |
| 2013 | -- | $118,020 +4.8% |
| 2012 | -- | $112,640 -1.6% |
| 2011 | -- | $114,440 -8.1% |
| 2010 | -- | $124,580 +3% |
| 2009 | -- | $120,960 +3% |
| 2008 | -- | $117,440 +3% |
| 2007 | -- | $114,020 +3% |
| 2006 | -- | $110,700 +3% |
| 2005 | -- | $107,480 +6.1% |
| 2003 | -- | $101,317 |
Find assessor info on the county website
Neighborhood: Mountain View
Nearby schools
GreatSchools rating
- 8/10Juniper Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Pilot Butte Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Bend Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Juniper Elem
- Middle: Pilot Butte Middle
- High: Bend Sr High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$683,100
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- Oregon
- Deschutes County
- Bend
- 97701
- Mountain View
- 1647 NE Lotus Dr
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